VS
Compare Vanguard FTSE Canada All Cap Index ETF (VCN) vs Desjardins Canadian Equity Index ETF (DMEC) to find the best fit for your portfolio. VCN and DMEC provide the same top sector exposures: Financials, Energy, and Materials. When evaluating costs, VCN features a management fee (MER) of 0.05%, compared to 0.05% for DMEC. Performance-wise, VCN has returned 7.31% year-to-date with +$2 B in net flows, whereas DMEC is at 7.57% with +$305 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
VCN
DMEC
| AuM | $15,285.87 M | $1,827.15 M |
| Management Fees | 0.05% | 0.05% |
| Exp. ratio | 0.06% | 0.06% |
| Tracking Difference | -0.11% | -0.31% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | VCN | +1.93% | +3.11% | +7.31% | +36.60% | +79.23% |
DMEC | +2.16% | +3.09% | +7.57% | +37.82% | - | |
| Flows | VCN | +$325 M | +$1,068 M | +$1,602 M | +$3,000 M | +$5,018 M |
DMEC | +$100 M | +$274 M | +$305 M | +$795 M | - |
VCN vs DMEC exposure
Countries
VCN
Canada
99.36%
DMEC
Canada
99.89%
Sectors
VCN
Financials
28.68%
Energy
18.12%
Materials
15.78%
Other
13.75%
Other
23.68%
DMEC
Financials
28.31%
Energy
17.98%
Materials
16.28%
Other
13.21%
Other
24.21%
As of May 7, 2026
Top 10 Holdings
VCN
ROYAL BK CANADA
6.81%
TORONTO DOMINION
4.72%
SHOPIFY SUBORDINATE VOTING
4.37%
ENBRIDGE
3.56%
AGNICO EAGLE MINES LTD
3.05%
CDN NATURAL RESOURCE
3.00%
BANK OF MONTREAL
2.89%
CDN IMPERIAL BK
2.68%
BNS
2.60%
CA11271J1075
2.58%
DMEC
ROYAL BK CANADA
6.70%
TORONTO DOMINION
4.66%
SHOPIFY SUBORDINATE VOTING
4.13%
ENBRIDGE
3.50%
AGNICO EAGLE MINES LTD
3.02%
CDN NATURAL RESOURCE
2.94%
BANK OF MONTREAL
2.84%
CA11271J1075
2.65%
CDN IMPERIAL BK
2.60%
BNS
2.54%
Diversification
VCN
Total weight of top 10 holdings out of 214 total
36.26%
DMEC
Total weight of top 10 holdings out of 320 total
35.57%
Characteristics
Compare
VCN
DMEC
| Provider | Vanguard | Desjardins Investments |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada All Cap Domestic Total Return Index - CAD | Solactive Canada Broad Market Index NTR - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.06% | 1.96% |
| Meets ESG criteria | No | No |
| Inception Date | August 2, 2013 | April 18, 2024 |
Frequently asked questions about VCN and DMEC
Which ETF has performed better year to date: VCN or DMEC?
As of May 7, 2026, VCN has returned 7.31% year to date, while DMEC has returned 7.57%. DMEC is ahead on YTD performance.
Which ETF is larger by assets under management: VCN or DMEC?
As of May 7, 2026, VCN manages $15.29 B in assets, while DMEC manages $1.83 B. VCN is the larger fund by AUM.
How are VCN and DMEC managed?
VCN is passively managed by Vanguard. It tracks the FTSE Canada All Cap Domestic Total Return Index - CAD benchmark. DMEC is passively managed by Desjardins Investments. It tracks the Solactive Canada Broad Market Index NTR - CAD benchmark.
What sectors do VCN and DMEC emphasize?
VCN is most exposed to Financials, Energy, and Materials. DMEC is most exposed to Financials, Energy, and Materials.
Which ETF is attracting more investor flows: VCN or DMEC?
Year to date, VCN has seen +$1,601.75 M in net flows, compared with +$304.73 M for DMEC. VCN has attracted more net investor money so far.
How do the fees of VCN and DMEC compare?
VCN has an expense ratio of 0.06%, while DMEC has an expense ratio of 0.06%.
What are the top holdings of VCN and DMEC?
VCN's largest holdings include ROYAL BK CANADA and TORONTO DOMINION. DMEC's top holdings include ROYAL BK CANADA and TORONTO DOMINION.
Which ETF is more diversified: VCN or DMEC?
VCN holds 182 securities, while DMEC holds 270. On holdings count, DMEC is the more diversified portfolio.
Recent articles about VCN and DMEC
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